Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Residential & Mixed Use
KRE hits new leasing milestone at multiphase Bayonne residential project

Kushner Real Estate Group has all but leased up more than 400 units at its new luxury rental property in Bayonne known as Bay 151.

Residential & Mixed Use
New 72-unit Jersey City apartment building trades for $32 million

A family-owned real estate firm has purchased a newly built, 72-unit apartment building in Jersey City for nearly $32 million, according to a brokerage team with JLL.

People
Kislak promotes two in marketing, brokerage roles

The Kislak Co. Inc. has announced two promotions on its marketing and brokerage teams.

People
Kauffman to step down from full-time duties with NRBP

Barbara E. Kauffman, the longtime executive vice president and chief operating officer at the Newark Regional Business Partnership, will step down from the full-time role this fall.

Residential & Mixed Use
B6 inks sale of development site in Jersey City’s Canal Crossing Redevelopment Zone

B6 Real Estate Advisors has negotiated the sale of a 27,500-square-foot development site in the Bergen-Lafayette neighborhood of Jersey City for $5.725 million.

Residential & Mixed Use
Gebroe-Hammer: 66-unit South Orange rental building sells for fourth time in 23 years

A private investor has acquired a 66-unit apartment building in downtown South Orange and steps from NJ Transit rail service, in the fourth trade of the property since 1999.

Residential & Mixed Use
Kislak inks sale of 43-unit North Arlington rental portfolio for $8.4 million

A portfolio of 43 apartments and commercial space in North Arlington has changed hands for the first time in more than a century, according to brokers with The Kislak Co. Inc.

Retail
NAI Hanson: Bubble tea chain inks first retail lease at Hackensack apartment building

Bubble tea chain Gong Cha has leased 1,050 square feet of retail space at the base of a newly renovated building in Hackensack, according to NAI James E. Hanson.

Residential & Mixed Use
Developers, city officials hail completion of 114-unit rental property in Jersey City

Developers gathered in Jersey City recently to mark the ongoing resurgence of the historic Bergen-Lafayette neighborhood, the site of a new 114-unit luxury apartment building that the firms delivered earlier this year.

Government & Public Policy
Hoboken approves redevelopment agreement with LCOR for high-profile terminal project

The long-awaited plan to improve Hoboken Terminal and build new apartments, office space and public amenities nearby took a key step forward this week with the city’s approval of a redevelopment agreement with LCOR, the firm that is spearheading the project.